All pure manipulation. There is no market right now, just the Fed pumping futures.
The S&P finished just above its trend-line today. The market might go higher one or two more days, but that's it. It's already in overbought territory. Technical selling will catch up with the market by mid-week guaranteed.
How can there be when the futures are jacked up 20 pts. before the open? Market closed right at or slightly below the trend-line yesterday, so the only way this rally could continue is for there to be a fraud-up this morning, and there was.
What's there to discuss. Market penetrated trendline yesterday and tanked, but was rescued in pre-market during European hours with futures pump.
It's that simple.
Futures up 130+ this morning before the number. The market pierced the trendline yesterday, so they had the lift it back up to save the market from falling below trend. Pure fraud.